Pharoah Company expects to have a cash balance of $44,700 on January 1,2022. Pharoah has budgeted the following for the first two months of the year 2022 : 1. Collections from customers: January $90,800, February $109,400. 2. Payments to suppliers: January $39,800; February $49,800. 3. Direct labour: January $30,100 : February $34,700. Wages are paid in the month they are incurred. 4. Manufacturing overhead: January $25,100; February $29,800. Overhead costs are paid as incurred, 5. Selling and administrative expenses: January $16,200 F February $22.200. These costs do not include depreciation and they are paid as incurred. Sales of irvestments in January are expected to realize $10,000 in cash. Pharoah Company wants to keep a minimum 6. monthly cash balance of $20,000. ignore any interest on amounts borrowed. Prepare a cash budged for Jaruary and Februacy